Question: what is MSFT's downside? I guess very little, or close to zero. Unless someone commits downright fraud (i.e., take the money and don't build anything--but no one will let them do this.)
They 'funding /financing buildings, maybe at lower rates than banks, but then MSFT has so much that a lot of it must be making close to 0%. So they solve a problem of theirs since MSFT is there for the long term, get excellent press with virtually no risk. If they default, MSFT might end up as building owners. Hire someone to manage and sell them when time is right. Maybe lose some on taxes and management fees but that is nothing, relatively speaking.
They 'funding /financing buildings, maybe at lower rates than banks, but then MSFT has so much that a lot of it must be making close to 0%. So they solve a problem of theirs since MSFT is there for the long term, get excellent press with virtually no risk. If they default, MSFT might end up as building owners. Hire someone to manage and sell them when time is right. Maybe lose some on taxes and management fees but that is nothing, relatively speaking.